In this contributed article, Karthik Jagannathan, Head of Payments Advisory at Intix, discusses how companies can source, process, and optimize data to fully leverage AI, despite the challenges posed by legacy systems. This piece is important for understanding how foundational data systems can drive AI’s transformative power.
Aligned and Refined: The Crucial Role of Data in the AI Revolution for Financial Services
September 13, 2024 by Leave a Comment
How AI Enhances Government Payment Processes – Survey Reveals Critical Inefficiencies
August 23, 2024 by Leave a Comment
In this contributed article, Niko Spyridonos, CEO and Founder of Autoagent Data Solutions, discusses local governments and their use of AI and automation technologies. Niko is a strong proponent of such systems and he has some government survey data that shows we need to move deeper in this area.
Data Due Diligence is Critical to Maintaining Compliance and Mitigating Breaches During and After M&As
August 8, 2024 by Leave a Comment
In this contributed article, Fredrik Forslund, Vice President and General Manager of International Sales for Blancco Technology Group, emphasizes the importance of adhering to cybersecurity and data governance best practices prior to an M&A to prevent a data breach and ensure the protection of an organization’s customer and corporate data.
Couchbase Study: Financial Services Organizations Ramp Up for GenAI Despite Infrastructure Concerns
July 29, 2024 by Leave a Comment
Couchbase’s recent survey of 500 global IT leaders uncovered that while financial services organizations will increase IT modernization investment by a third (33%) in 2024, they still feel unprepared for growing data demands.
AI in Banking – How Artificial Intelligence is Used in Banks
July 26, 2024 by Leave a Comment
In this contributed article, Ishan Gupta. CEO and Co-founder of RipenApps, discusses how banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, AI is disrupting the entire banking sector in several ways.
The CFO’s Quest in an AI-first World
July 5, 2024 by Leave a Comment
A new research study with HFS Research from Genpact (helping leading finance organizations with digital transformation) found that leading CFOs expect AI to be the “future” of their company. The CFOs surveyed – including chiefs from HP, HSBC, Trinity Health and more – see the biggest potential for data analysis, customer integration and forecasting, but also expressed concern about how to take the next step.
The Importance of AI in the Financial Industry
July 2, 2024 by Leave a Comment
In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI has emerged as a transformative force across various sectors, and the financial industry is no exception. With its ability to process vast amounts of data, uncover patterns, and make predictions with unprecedented accuracy, AI is reshaping how financial institutions operate, manage risks, and serve their clients. This article explores the multifaceted impact of AI in the financial industry, highlighting its critical role in enhancing efficiency, improving decision-making, and fostering innovation.
Announcing insideAI NEWS – Illuminating AI’s Frontiers: Your Go-To News Destination
July 1, 2024 by Leave a Comment
insideBIGDATA, the leading source for news and insights about artificial intelligence, is proud to announce the relaunch and rebranding of the publication as insideAI News. The revamped platform will offer comprehensive coverage of AI technology and implementation strategies across multiple industries, including healthcare, security, financial services, automation, and agriculture.
Harnessing Big Data for Sustainable Financial Decisions
June 11, 2024 by Leave a Comment
In this contributed article, freelance writer Ainsley Lawrence suggests that in the financial sector, decision-making often comes with a higher degree of risk, but with insights provided by big data, those risks can be mitigated, leading to increased revenue and enhanced efficiency.
Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant
June 11, 2024 by Leave a Comment
Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors including executives from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI and finance infrastructure, co-founders Mike Conover and Brandon Kotara have over 20 years combined experience building AI and machine learning products
